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Exactly! I'd probably move the family north. Very north. £40k would go a lot further than down here. London would empty out quickly, luckily the foreign super rich could snap up all the property for much less than they currently pay. Hopefully they'd let brits live in the empty flats etc...

According to the BBC he said 'somewhat higher': Speaking later on Sky News, Mr Corbyn said a wage cap would be "somewhat higher" than his salary of approximately £138,000

I'd vote for a sliding scale, pegged to £1 above whatever I happen to be earning. Reviewed daily. Unless I end up on an hourly rate at some point, at which stage it's reviewed hourly. Genuinely though, he (JC) said something about it being slightly higher than his ~£140k salary. Is the tax...